Suntrust And BB&T Merging

BB&T and SunTrust Banks announced Wednesday the two banks will merge to become Truist. Truist will be the sixth-largest U.S. bank holding company serving more than 10 million households in the United States. Both banks have locations in Stuart. While the new names will be effective upon completion of the merger, clients will continue to be served post-closing under the BB&T and SunTrust brands for the near future. The merger is expected to close in the third or fourth quarter of 2019.